X
09Jan

Delaware Confirms the High Threshold for Material Adverse Effect Claims and Interprets ‘Commercially Reasonable Efforts’

A year after Akorn v. Fresenius (Akorn case), the first Delaware case holding that a party was entitled to terminate a merger agreement based on a material adverse effect (MAE), the Delaware Court of Chancery, in Channel Medsystems, Inc. v. Boston...
By: Kramer Levin Naftalis & Frankel LLP
Source Url: https://www.jdsupra.com/legalnews/delaware-confirms-the-high-threshold-17576/

Related

Timing Considerations for HSR Filings During COVID-19 Pandemic

COVID-19 continues to present novel challenges and disruptions to the merger and acquisitions market...

Read More >

Restaurant Employment Law Compliance Checklist: 12 Employment Topics Every Restaurant Company Should Consider Before 2020

Executive Summary: As summer is now in full swing, we find it timely to distribute our Restaurant Em...

Read More >

Get Off My Lawn! Employers Gain Expanded Rights to Keep Unions Away from Their Property

The National Labor Relations Board (NLRB or the “Board”) has been steadily increasing employers’ ...

Read More >

Healthcare & Life Sciences Private Equity Deal Tracker: Frazier Healthcare Partners Acquires Accuity Delivery Systems

Frazier Healthcare Partners has announced it has acquired Accuity Delivery Systems....By: McGuireWoo...

Read More >

MoFo 2020 Asia Buyouts Report: Update On Deal Terms – II. Fair Disclosure

We looked at 28 deals across Asia signed or closed pre-COVID-19 in which the buyer or a group of aff...

Read More >

Beltway Buzz - January 2020 #3

Where is Everybody? Perhaps due to the impeachment trial of President Donald Trump, it’s been a rel...

Read More >